REM VESSELS II AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

21,17 %

Current Ratio

1,56

Debt-to-Equity Ratio

3,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 575 000	73 288 000	72 895 000	71 698 000
Net Income	11 479 000	11 752 000	8 699 000	9 043 000
Total Assets	281 257 000	289 992 000	295 963 000	316 008 000
Total Equity	54 215 000	62 736 000	50 985 000	42 286 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 575 000	73 288 000	72 895 000	71 698 000
Expenditure	47 695 000	45 248 000	47 495 000	44 339 000
Operating Profit	26 880 000	28 041 000	25 400 000	27 359 000
Financial Income	276 000	3 000	46 000	142 000
Financial Costs	12 437 000	12 977 000	14 281 000	15 897 000
Financial Balance	−12 161 000	−12 974 000	−14 235 000	−15 755 000
Earnings Before Tax	14 719 000	15 066 000	11 165 000	11 604 000
Tax	3 240 000	3 315 000	2 466 000	2 561 000
Net Income	11 479 000	11 752 000	8 699 000	9 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 317 000	254 006 000	267 695 000	281 384 000
Total Current Assets	40 941 000	35 987 000	28 268 000	34 624 000
Total Assets	281 257 000	289 992 000	295 963 000	316 008 000
Total Retained Equity	54 115 000	62 636 000	50 885 000	42 186 000
Total Equity	54 215 000	62 736 000	50 985 000	42 286 000
Total Long-Term Debt	200 789 000	221 042 000	240 505 000	266 459 000
Total Current Debt	26 253 000	6 214 000	4 473 000	7 263 000
Total Equity and Debt	281 257 000	289 992 000	295 963 000	316 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 575 000	73 288 000	72 895 000	71 698 000
Other Income	0	0	0	0
Revenue	74 575 000	73 288 000	72 895 000	71 698 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 944 000	18 646 000	17 450 000	18 041 000
Depreciation	13 689 000	13 689 000	13 689 000	13 689 000
Impairment	0	0	0	0
Expenditure	47 695 000	45 248 000	47 495 000	44 339 000
Operating Profit	26 880 000	28 041 000	25 400 000	27 359 000
Financial Income	276 000	3 000	46 000	142 000
Financial Costs	12 437 000	12 977 000	14 281 000	15 897 000
Financial Balance	−12 161 000	−12 974 000	−14 235 000	−15 755 000
Dividends	20 000 000	0	0	0
Net Income	11 479 000	11 752 000	8 699 000	9 043 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	240 317 000	254 006 000	267 695 000	281 384 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 317 000	254 006 000	267 695 000	281 384 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 250 000	35 359 000	26 745 000	34 143 000
Total Current Assets	40 941 000	35 987 000	28 268 000	34 624 000
Total Assets	281 257 000	289 992 000	295 963 000	316 008 000
Total Equity	54 215 000	62 736 000	50 985 000	42 286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 789 000	221 042 000	240 505 000	266 459 000
Creditors	792 000	2 414 000	2 618 000	294 000
Unpaid Taxes	789 000	846 000	758 000	718 000
Dividends	20 000 000	0	0	0
Other Current Debt	3 336 000	1 290 000	1 097 000	4 930 000
Total Current Debt	26 253 000	6 214 000	4 473 000	7 263 000
Total Equity and Debt	281 257 000	289 992 000	295 963 000	316 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,17 %	18,73 %	17,06 %	21,39 %
Debt-to-Equity Ratio	3,7	3,52	4,72	6,3
Operating Profit Margin	36,04 %	38,26 %	34,84 %	38,16 %
Current Ratio	1,56	5,79	6,32	4,77
Quick Ratio	1,56	5,79	6,32	4,77
Equity Ratio	0,19	0,22	0,17	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %